Sentence examples for statutory demand from inspiring English sources

Because he owes you more than £750 you could issue a statutory demand in bankruptcy.

17 December 2014: Gallaghers, along with another insolvency firm, Duff & Phelps, meet USC after a statutory demand was issued to USC by one of its creditors (Diesel) for outstanding invoices.

The founder of Powa Technologies has been served with a bankruptcy petition after the High Court dismissed his application to set aside a statutory demand for the repayment of a $2 million loan as fanciful.

In a statement it said it was "disappointed" by ACL's decision to issue a statutory demand, rather than "negotiate a level of rent which the club can afford and which is in line with the rent paid by other clubs".

Additionally, creditors should have filed a statutory demand, which if subsequently does not merit a response within 21 days or a written payment promise is broken, can result in a winding up petition.

"Following the issuing of a statutory demand by ACL last week the board of directors of CCFC will, first and foremost, continue to work hard at bringing about a resolution regarding the rent dispute with ACL that will enable the football club to remain at the Ricoh Arena.

Similarly, any given local authority cannot control the numbers of children in its area requiring statutory intervention; demand is not controllable as it is if you are running a children's home or a prison with a fixed capacity.

Although proper practice demands that the provision thus prescribed by Congress be scrupulously observed, disregard of the statutory requirement concerning the form of the order did not render the interlocutory decree void.

However, the congressional concern expressed in the statutory limitation demanded that ICC be given at least enough specifics concerning inadequate or unavailable service and efforts to obtain better service so that protestants would have an opportunity for informed rebuttal and ICC the basis for an informed determination.

1935 Act Aug. 23, 1935, abrogated statutory construction of demand deposits.

Under the House bill, people who can show that they never had a reasonable ability to repay the loans would still have to pay for their homes, but would have new statutory power to demand better deals from the lenders.